UK Watchdog Updates Blacklist of Unauthorized Binary Options Brokers

[kreslik.news]

The United Kingdom’s Financial Conduct Authority (FCA) today shed light on an unregulated ‎binary options broker representing itself under several brands, which have been providing professional ‎investment services to UK residents without regulatory permission.‎

The watchdog warned that Zola Ltd, trading as BinaryOnline, has no association whatsoever with any FCA-licensed entity and added that it was flagged for operating and targeting UK citizens without a license.

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BinaryOnline operates through https://www.binaryonline.com and has adopted several affiliated brands, a practice that the FCA describes a typical move for a scam company to gain the ... (read more)